Iran has agreed with Pergas – a consortium of international oil and gas companies for the surveying of two oilfields, a consortium official said.
The studying agreement between National Iranian South Oil Company (NISOC) and Pergas International Consortium covers Karanj (Asmari, Pabdeh, and Khami oil deposits) and Shadegan oilfields (Asmari and Bangestan reserves), according to Masoud Besharati, head of the Tehran office of Pergas, the country’s Shana news agency reported.
The consortium, comprising of 11 European, Canadian and Asian firms as well as the Sharif University of Technology, is also involved in oil and gas investments, training, and transferring of technology.
Based on the deal, the consortium will have six months to submit the result of its studies on the fields to the NISOC.
Over 60 companies are currently in talks with the NISOC for cooperation with the company under the new framework of the contracts, Iran Petroleum Contracts (IPCs), which are part of efforts to sweeten the terms offered on oil development deals.
OPEC's No. 3 oil producer set up the new framework in hopes to draw foreign companies and boost output after years of under-investment during international sanctions, which were lifted a year ago.